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Mike Novogratz calls Helios a ‘transformative acquisition’ for Galaxy

The Galaxy CEO seems unfazed by the carnage in the BTC mining sector this year, and outlined that the firm is looking to significantly ramp up its mining initiatives.

Continue ReadingMike Novogratz calls Helios a ‘transformative acquisition’ for Galaxy

2 Bitcoin Mining Pools Command More Than 53% of BTC’s Total Hashrate

Bitcoin’s hashrate has jumped from the low 170 exahash per second (EH/s) recorded this week, to above the 300 exahash range after a number of bitcoin mining operations from Texas…

Continue Reading2 Bitcoin Mining Pools Command More Than 53% of BTC’s Total Hashrate

Helios is a ‘Transformative Acquisition’ for Galaxy Digital, Says Novogratz

Mike Novogratz – the CEO of Galaxy Digital – praised his company’s decision to purchase the bitcoin mining facility – Helios. The firm recently won the auction to acquire another…

Continue ReadingHelios is a ‘Transformative Acquisition’ for Galaxy Digital, Says Novogratz

Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas

After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement.…

Continue ReadingBitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas

Bitcoin Mining Pool Btc.com Suffers $3 Million Cyberattack

A major cryptocurrency mining pool has been hit by hackers earlier this month, the company who owns the pool revealed in an announcement. The incident resulted in the theft of…

Continue ReadingBitcoin Mining Pool Btc.com Suffers $3 Million Cyberattack